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Weller Cited On Technical Analysis

Technical analysis, also known as "charting" -- following the cyclical, geometric patterns of stock prices -- has been part of financial practice for many decades, but its practical value is beginning to be taken more seriously. PAUL WELLER of the Finance Department of the University of Iowa says, "trading rules are picking up patterns in the data not accounted for by standard statistical models." The American Chronicle originates in California.

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